Posts

Showing posts with the label ai race

AI Agent Crypto Sector Plunges 5.5%, Led by AIXBT And AI16Z, But New Rival MIND Of Pepe Skyrockets In Presale

Image
The AI agent crypto sector plunged 5.5%, but new rival MIND Of Pepe defied the trend as it skyrocketed to almost $2 million in funding in only three days since its presale launched. The hot new AI sector’s market cap plummeted to $15.7 billion in the last 24 hours after steep declines for AIXBT (15.3%), AI16Z (14.3%), and VIRTUAL (7.9%), according to CoinGecko. AI Agent Crypto Market Slumps AI agent cryptos combine AI with Web3 technology and have become the hottest segment  in the digital asset space recently. The hype around the sector began after the launch of OpenAI’s large language model (LLM), called ChatGPT, in November 2022. That ignited a global AI race as companies and governments around the world raced to lead the pioneering field. Mind of Pepe Presale Soars Even As AI Agent Crypto Sector Plunges Despite the overall decline in the AI agent crypto market today, fund raising by new arrival MIND of Pepe ($MIND) is exploding. The new hybrid project, which...